macdonald rd

12 Bedroom Real Estate has been listed for sale at 220 Macdonald Rd in Lake Cowichan for $3,950,000. Chat with a local expert, book a tour.

Canada

British Columbia

Lake Cowichan

220 Macdonald Rd

220 Macdonald Rd, For Sale in Lake Cowichan - Zoocasa

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Attn Developers-Opportunity to complete this subdivision in sought after Lake Cowichan. Currently phase 2 is 35% complete with sewer and water and electrical close to the lot lines. The lots have already been cleared and graded and have a subdivision plan. The parcel includes plans for 23 lots, and 3 older duplexes which could be 3 additional lots. One duplex is move in ready with one half of it currently rented, the second half is ready for a tenant. The second duplex requires some finishing work and the third requires substantial work. There are new roofs on all three buildings, and new windows in two of the duplexes. These lots (under one pid) are located 1 km to the beach, shopping and trails. This is a fantastic place to raise a family and enjoy outdoor life all year round! ‘As is’ Appraisal value of the property is $3.960M which includes the subdivision costs of paving, sewer and water to 35% of the proposed lots. Vendor can partially finance $2M at current bank lending rates.  There are five lots for sale adjacent to this property and an additional house that can be purchased separately or in addition to these lots if a purchaser has different ideas for the subdivision. (id:15898)

Eight Lots For Sale, Currently Going Through The Sub Division Process To Get Separate PID'S. These Lots Range In Size From 7200 SF. To 10,940 SF. Six Are Duplex Lots. Three Of Those Duplex Lots Currently Have Houses On Them. These 3 Houses Are All 3000 SF. Duplexes With The Capacity For 7 Bedrooms And 3 Bathrooms. Excellent Income Generators As Air B&B Properties With Close Proximity To Lake Cowichan. Right Now These 8 Lots And 3 House Can Be Purchased As A Group For 6.25 M And Upon Completion Of The Sub Division You Can Sell Them Individually. This Is Phase 1 Of 3 Phases That Will Be For Sale. Phase 2 Will Have 8 More Lots Ranging In Size From 11450 SF. To 13,340 SF. And Will Be Priced At 4.5 M  Phase 3 Will Comprise 3.5 Acres  Currently Zoned R3 Multi Family And The Asking Price Will Be 10.75 M (Id:15898)

Attn Developers-Opportunity to complete this subdivision in sought after Lake Cowichan. Currently phase 2 is 35% complete with sewer and water and electrical close to the lot lines. The lots have already been cleared and graded and have a subdivision plan. The parcel includes plans for 23 lots, and 3 older duplexes which could be 3 additional lots. One duplex is move in ready with one half of it currently rented, the second half is ready for a tenant. The second duplex requires some finishing work and the third requires substantial work. There are new roofs on all three buildings, and new windows in two of the duplexes. These lots (under one pid) are located 1 km to the beach, shopping and trails. This is a fantastic place to raise a family and enjoy outdoor life all year round! ‘As is’ Appraisal value of the property is $3.960M which includes the subdivision costs of paving, sewer and water to 35% of the proposed lots. Vendor can partially finance $2M at current bank lending rates. (id:15898)

220 Macdonald RdReal Estate · Lake Cowichan, BC

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